STUART THEOBALD: Input myopia clouds BEE and other policies

STUART THEOBALD: Input myopia clouds BEE and other policies

2021-05-09 10:40:00 PM

STUART THEOBALD: Input myopia clouds BEE and other policies

By shunning outcomes, normal market mechanisms are turned on their head

09 May 2021 - 16:13Stuart TheobaldIt is hard to identify and analyse a feature of our national psyche and how it affects our ability to conceive of and implement effective policy. But I want to make the case for a feature of the public discourse that is doing SA no favours — the obsession with inputs rather than outcomes.

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It is seen in many areas. BEE requires companies to spend money (inputs) on specific areas such as enterprise development and staff skills development. What is measured is the amounts spent against targets to get points on scorecards to receive various levels of BEE recognition. ..

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STUART THEOBALD: Input myopia clouds BEE and other policiesBy shunning outcomes, normal market mechanisms are turned on their head

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STUART THEOBALD: Input myopia clouds BEE and other policiesBy shunning outcomes, normal market mechanisms are turned on their head

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